This is simply a device to try to help people size what's happening, which is that you're paying a lease cost over 25 years. If you accumulate it without discounting, it is a multiple of the original outlay. It is of course precisely the imprecision of such statements that leads us to take the net present value when we analyze this. There's a big difference between a dollar you pay today and a dollar you pay in five years, or in ten years or in 25 years.
So that's why you try to bring the story into a common base and value it as of some arbitrary date like the present. That's the arithmetic, if you will, we go through. But I wouldn't take it as other than you're going to be writing a lot of cheques, and more cheques than if you owned the building yourself. Keep in mind there is the transaction cost here of making your lease payments and of determining that you've gotten value for money on an ongoing basis. That takes resources too on the government side to manage the leases when they're paying out these kinds of funds.
So it will take some additional resources inside government. How much that is varies, I think, in estimates, but certainly the kinds of management fees that the lessors are charging are in the order of 3%, 4%, 5%, or more.